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Crypto

Bitcoin ETF Demand Hits Record $2.39 Billion Amid Price Retraction

Guavy AI Editorial Team
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HYPE BTC ETH SOL XRP
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Bitcoin ETFs experienced a significant influx of $2.39 billion over five sessions, with BlackRock's IBIT leading the charge at approximately $1.16 billion.

The largest daily total was $999 million on Monday, but demand slowed dramatically throughout the week, falling by roughly 87% by Friday.

Despite the strong institutional demand, Bitcoin itself retreated towards $84,000 as it encountered existing holder supply and miner transfers to exchanges.

Ethereum, Solana, XRP, and Hyperliquid ETFs collectively added about $963 million, showing that fund demand extended well beyond BTC.

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